XAUUSD i am expecting down movement before UpXAUUSD i am expecting down movement before Up, I am in long for short term trading
Xauusdtrade
XAUUSD (High Probability BUY Setup SOON)* Here We Can See Clearly The Next Move For Gold Today,
* XAUUSD Is Forming The Double Bottom Reversal Pattern ( W ),
* We've Got Our EP ( Blue Line ) & Our TP ( Golden Line ),
* Keep A Close Eye On XAUUSD Today,
* Happy PIP Hunting Traders.
* FX KILLA *
XAUUSD, Gold, expecting up before downXAUUSD, Gold, expecting up before down, i am a little bullish in gold that should reach its OB, POI and then fall down to 1850 area
Down Goes Gold.. Learning Why These Moves HappenSo, we looked Short on Gold repeatedly.. and with good reason!
If you saw my posts and streams previously we looked at levels where we could look to get short.
We can now RE learn from this move for future reference and we can also plan out longs as price falls.
Remember, what comes up has to come down. It's inevitable. It's just how things work..
You need to:
1) Reflect on high the price is
2) Reflect on previous zones and what happened before.
3) appropriately assess your Risk Plan + sentiment of the market.
We can look to exit the short positions you had and take the gains RE short higher.
We are Looking to take long bounces as price falls to levels shown.
As always trade small and light!
XAUUSD towards tapping the daily supportThe price fell down before going to 1972 level as was suggested in the previous post. But I think this daily support is going to be a bouncing point for the price.
The price is trading above this support right now but there is a high probability it will tap that daily support before a significant bounce.
XAUUSG breached recent high 1949 as suggestedThere you go, XAUUSD breaching recent high of 1949 as mentioned in past few posts. Highly probable, the price is heading towards 1972 for this move.
If you longed the 4 hour support of 1922 as suggested, you just need to chill and watch the price move higher.
XAUUSD on its way to recent high 1949Nice move after the retest of that 4 hour support and trend line marked and mentioned in the previous post. The way is clear to the recent high of 1949 and probably beyond.
XAUUSD bounced from daily support and reclaimed 4h supportReclaimed the 4h support which it broke yesterday. The higher probability of this break was discussed in a post and a later post the support and bounce from the daily support was predicted.
Now the price has reclaimed the 4h broken support. This clears up the way for upward movement. The price might pull back here a bit to 1922, but will bounce from there for a further upward movement claiming the recent high of 1949.
Gold Day AnalysForex and gold is a market full of potential but also a lot of risk, so practice and equip yourself with the necessary knowledge.
Our pivot point stands at 1912.00.
Our preference
The upside prevails as long as 1912 is support.
Alternative scenario
The downside breakout of 1912 would call for 1901.50 and 1895.50.
Comment
The RSI is trading above 70. This could mean that either prices are in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Gold is above its 20 and 50 period moving average (respectively at 1911.30 and 1904).
Supports and resistances
1951.50 **
1945.50 *
1939.50 **
1933.00
1920.20 last
1916.00
1912.00 **
1901.50 *
1895.50 **
Number of asterisks represents the strength of support and resistance levels.
XAUUSD UPTREND CORRECTION | 08.01.23 WEEKLY ANALYSIS Fundamental & Technical Analysis
Reason For XAUUSD Short
1. Obey strong Resistance @ 1880
2. Make a Fake breakout @ 1660 and make a Trap for Buyers
3. As it was in Bullish engulfing it it may Smell up to 1880
4. Bearish Rising wedge Confirm the Short sell in strong uptrend
Fundamental Reason
Retest dxy around 104 ,if break Below and touch 103 XAUUSD reach 1880 if retested 101 the reach 1910 and Make Fall
XAUUSD Will Fall!XAU-USD is retesting a resistance cluster
Of the rising and horizontal levels
So I think that we might see
A local bearish correction
Form the level towards
The target below
XAUUSD addAdding into my buy position if we can get a retest at 1814 then we can probably see gold sit above 1827.8 before end of tommorow
1814 should be a okay support 1812 sl
or gold can lose it can come back down to 1803
Gold || Going Short1. Price Action Moving in Range
2. Price bouncing back
from 1820 Resistance
3. 1820 is a fat number
4. Rising Wedge Pattern
5. Placing SL above resistance @ 1826
6. Placing TP @ 1800
XAUUSD 1H SHORT SIGNALwe got a rejection from the golden zone and heading down to test the trendline
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down.
The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. RETAIL SALES, NFP and PMI DATA, CPI DATA should be monitored.
But since all the ECONOMIC INDICATORS were positive the other day, GOLD was slightly SELL yesterday. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF.
We have some very important NEWS coming to USD this week. Be sure to keep an eye on it.
Anyway, we expect that GOLD will go up to 1875 LEVEL. Before that, GOLD may go down to the 1795 level with the FOMC UPDATE. Be careful..
XAUUSD SIDE WAY BREAKOUT PROJECTIONTechnical Reason For XAUUSD Bullish
1. We can clearly See Formation of Ascending Triangle Pattern in 1D candle and it makes the breakout there
2. We have confirmed the breakout Over 1810 due to Huge demand in W PATTERN formation
3. We can see formation of BULLISH REVERSAL PATTERN dur to fomation of strong bear candle which indicates the end of short sell trend
Overall Possible Outcomes
XAUUSD BUY @ 1810-1815
SL 1753
TP 1880
gold Analyse, xauusd analyseAt the same time, the pressure and talks of Hawkish from the Fed, BOE and ECB, and of course the central banks of several other countries, the selling pressure has prevailed on gold.
According to the PMI and before the meetings of the central banks last week, it seemed that the selling pressure on gold has decreased, but with the emphasis of the central banks that the time to increase the interest rates in America, Europe and England will be long, the selling pressure on gold will rule again.
Of course, the publication of core PCE news on Friday can be important. If the output of the meeting is a soft number, we can expect the selling pressure on gold to decrease, and if it is far from the forecast, other events are coming. Of course, due to the upcoming holidays, we cannot expect a large volume in the market.
Please pay attention to capital management (at the end of each month, a statement is provided based on this capital management)
Capital management method:
1) only 1% risk
2) In 1-to-1 RR, we are risk-free and withdraw 50% of the profit.
3) When it reaches RR one to two, we move the stop loss to the TP of the first point and below the pivot , and in the same way, we move with the price in different RRs .
XAUUSD
on this 1H time frame. There is a possibility that the Bull trend will form after this ranging market.
Right now it is best to wait until Late Tuesday or Wednesday or possibly Thursday to have a clearer 1H timeframe.
I am hoping this trend breaks the 1808.00 price.
I am seeing a continuing BULLISH TREND that can break the 1870 price.
If there was a time to back up gold , it is now.
XAUUSD Bearish Bias! XAU-USD is going up in a narrowing wedge
And the horizontal resistance is ahead
So I think that after the retest
Of the resistance we will see
A bearish breakout of the wedge
And a local bearish correction
XAUUSD 30M BUY PROJECTIONReason For XAUUSD Buy
Stochastic Oversold I 1H
RSI 14 tends to be bulllish as its Above 50
XAUUSD obey Trendline rejection @ 1790-1792
Overall Possible Outcome
🔹FX SIGNAL
GOLD BUY 1793.41
SL 1783.12
TP 1810.01
XAUUSD GOLD BREAKOUT BUY PROJECTIONXAUUSD FUNDAMENTAL & fundamnetal REASON FOR BULLISH
1. Breaked Downtrend Line
2. Formed W pattern ane make a Break @ 1810 as DXY gettimg Weaker
3. Formed Three White Soliders which denotes continue in uptrend line
4. Dxy Breakdown the Uptrend kast month and heading towars 100.00 which is support Zone
Overall Possible Outcome
Buy above 1810
sl 1760
tp 1887
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down. These days the FED RATE HIKE SLOWDOWN SENTIMENT and, in the short term RETAIL SALES, NFP and PMI DATA being POSITIVE, managed to make the USD STRONG.
But since all the ECONOMIC INDICATORS were positive the other day, GOLD was slightly SELL yesterday. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being ON.
We have some very important NEWS coming to USD this week. Be sure to keep an eye on it.
Anyway, we expect that GOLD will go up to 1875 LEVEL. Before that, GOLD may go down to the 1744 level with the FOMC UPDATE. Be careful..
Gold is ready to go shortAs you can see we broke the resistance in H1 which failed to hold the price and the volume of buyers dropped sharply. So we open our sell positions with an extension of level 1879
